About Medicare
Medicare, established in 1965, is a federal health insurance program in the United States that provides coverage primarily for individuals aged 65 and older, as well as for younger people with certain disabilities and End-Stage Renal Disease (ESRD). Funded through payroll taxes, premiums, and general revenue, Medicare serves over 64 million Americans. It includes Part A (Hospital Insurance), Part B (Medical Insurance), Part C (Medicare Advantage), and Part D (Prescription Drug Coverage), offering a range of services from inpatient and outpatient care to prescription drugs. This program significantly reduces out-of-pocket healthcare costs and ensures access to essential medical services, thereby improving the quality of life and financial security for seniors and disabled individuals.